Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.
The World Bank stated on July 19 that Malaysia is riding out the current severe global economic downturn comparatively better than many economies.
Winston Churchill’s quote: “Don’t waste a good crisis” is often heard during such times. Indeed, many investors are on the lookout for opportunities and good deals in a gloomy market, including property investors.
Media Title: EdgeProp.my
Date: 07 Aug 2020